CHARLOTTE— Electrolux will pay a $750,000 civil penalty to settle federal regulators’ claim that the company failed to immediately report problems that sent flames shooting out of its wall ovens. The Swedish appliance maker’s North American headquarters is in Charlotte. ...Read More »
Moore v. G&I VI Forest Hills GP, LLC The parties never discussed a confidentiality clause, but the written settlement agreement that defendants presented to plaintiffs included such a clause; consequently, there was no meeting of the minds. We reverse the trial court’s order enforcing the settlement agreement.
Tagged with: settlementRead More »
You can call it rotten luck when an insurance broker makes a mistake on an insurance policy in March and a tornado rumbles through town in April. But a jury called the broker’s ruses after the tornado, like the doctoring of emails, unfair and deceptive trade practices – leading to a more than $1.2 million settlement for a warehousing company that wound up with a void policy.Read More »